Form 4: Woodward Inc. Executive Terence J. Voskuil Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP and President of Aerospace at Woodward, Inc., Terence J. Voskuil, reports a transaction involving common stock related to tax withholding and dividend reinvestment.
Summary
- Terence J. Voskuil, EVP and President of Aerospace at Woodward, Inc., filed a Form 4 detailing changes in beneficial ownership of Woodward, Inc. common stock on October 3, 2024.
- 91 shares were disposed of to cover withholding taxes related to the vesting of restricted stock units (RSUs), with the reporting person receiving cash for one share.
- The reporting person now directly owns 3,011 shares of Woodward, Inc. common stock.
- Voskuil also indirectly owns 4,759 shares through the Woodward Retirement Savings Plan, based on a calculation as of October 4, 2024.
- The total direct holdings include 14 additional shares and units issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard activity related to stock-based compensation and retirement savings.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of transaction involving Woodward, Inc. common stock. |
| 10/04/2024 | Date of calculation for shares held in the Woodward Retirement Savings Plan. |
| 10/07/2024 | Date of signature for the Form 4 filing. |
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